Golden Cariboo Confirms New Discovery of the KM Uno Zone, a Parallel Zone at the Quesnelle Gold Quartz Mine Property and Project Update

Core Viewpoint - Golden Cariboo Resources Ltd. has announced the discovery of the Km Uno zone, a significant mineralized structure parallel to the previously discovered Halo zone, indicating the potential for multiple interconnected gold-bearing structures at the Quesnelle Gold Quartz Mine property [1][4]. Group 1: Discovery and Geological Context - The Km Uno zone is located approximately 2 km southeast of the Halo zone and is flanked by the Sunset trend, suggesting a cohesive, district-scale gold system [2][3]. - The geological mapping indicates that these trends correlate with historical soil anomalies and geochemical indicators, similar to major gold-producing districts in the Abitibi Greenstone Belt [2][3]. Group 2: Initial Results and Mineralization - Initial assay results from the Km Uno zone show up to 1.1 g/t gold and 8.0 g/t silver from mineralized volcanic subcrop, aligning with strong soil anomalies [3][5]. - The Halo zone has demonstrated a drilled strike length of 390 meters open for expansion, with significant gold mineralization confirmed through drilling [4][5]. Group 3: Exploration Activities - The spring drill program included four surface diamond drill holes totaling 638.59 meters, targeting quartz-carbonate vein stockwork along the argillite to greenstone contact [6]. - Additional summer exploration activities involved reclamation, equipment maintenance, and data compilation from a large claim package staked in September 2024 [7]. Group 4: Challenges and Future Plans - Delays in assay results were experienced due to a lost shipment of drill core and surface exploration samples, which has since been recovered [8]. - The company is transitioning to PhotonAssay™ analysis for more effective gold-bearing sample assessment, with results pending [8].